Hedge Funds Rise But Still Can’t Beat Stocks

Barron’s

Even when markets are humming, it’s still been less of a joy for hedge funds. That, at least, is the signal from theMorningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 funds, which rose 1.9% in January, for its largest monthly gain since December 2010, Dow Jones Newswires reports this afternoon. The Standard & Poor’s 500-stock index added 4.4% in January.

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